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GLG News by this Author
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Expexted Demand in China and India
March 31, 2010
Demand For Gold In China To Double Within Ten Years | www.gjepc.org
World Gold Council reported to have a rise in Gold demand in India and China.Both countries shown some good growth past year despite of recession.
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UPs And Downs of Luxury Industry Companies in US (Zale, Tiffany, Signet etc.)
March 26, 2010
U.S. Weekly Chain-Store Sales +4% | www.diamonds.net
Sales of Chain Stores in US has raise to 4% this weak in compared to previous one.Companies are experiencing major UPS and Downs in their business.A Short Summary on Companies like Zale, Signet, Tiffany etc.
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New Records of Gold and What More?
November 5, 2009
India buys 200 tonnes of IMF gold | www.telegraph.co.uk
1. Gold Prices has touched its new highest record of $1100.2. Where will Jewelery Industry head?3. What is the future of Gold?
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July 6, 2009
Import Duty On Gold Bars Increased | www.gjepc.org
1. Indian Govt. decided to increase duty on Gold bars,gold jewelery and Silver. 2. Duw to which affect can be seen in local market with the increase in Gold Rates. 3. It is expected that sales will going to affect in this time of recessions and low sales.
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Govenment Aid for Good Business
June 3, 2009
GJEPC Appeals For More Gov't Assistance | www.diamonds.net
The New Elected Govt. of India has presented new aid program for Indian Gem and Jewellery Exporters. With this aid govt. will try to help exporters to cope up with real bad time.
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Zale trying to come out from Recession
May 28, 2009
Zale Reports Third Quarter Fiscal 2009 Results | www.businesswire.com
Zale 3rd Quater sale fell by 20%. Gross Margina bit high but same store sales decline by 20%.
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March 27, 2009
Gujarat Jewellers Shift To Imitation Jewellery | gjepc.org
1. Many jewellers and retailers shifted towards Imitation Jewellery. 2. Change is beacuse of High Gold Prices.
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Cost Cutting Methods to Survive
February 27, 2009
Zale Corp. reports loss, plans job cuts | www.portfolio.com
Zale reported decline in sales by 18% in IInd Quater. Now Zale PLans to close about its 115 stores which is a direct policy to cut down the cost in weaker times.
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High Price Will Lead to Low Sales.
February 25, 2009
IDEX Online Research: Inflation Pace for Jewelry Slows in January | www.idexonline.com
Gold Inflation Rate is very High beacuse of High Prices, which leads to low demand.
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February 25, 2009
Finlay Negotiating Terms with Vendors | www.diamonds.net
Finaly Negotiate to get rid from Bankruptcy. Isreal Vendors of Finaly are very Tensed. Finlay reported that there sales declined by 20% on 31st Jan. 09
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High Prices Low Demand Leads to Downfall in Import and Export
February 5, 2009
Gold Imports to Dip as Demand Falls, Rupee Price Stays at Record High | www.diamonds.net
Indian Gold Import is down by 1.2ton to 1800kg in Jan09 about 93% low. And it is expected that import can hit badly this year. Gold prices may go more high. Figures shows that Market is going to a missrable situation.
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Indian Luxury Sector Will Bounce Back Soon
January 22, 2009
International Brand Conclave Underscores India’s Growth Potential | www.diamonds.net
Indian Luxury Market has stron future demand. Its a tough time nowadays but it will bounce back soon, prove to be a best luxury sector around the world. To Create best environment for good market conditions.
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January 22, 2009
Gold to Gain Through 2012, Morgan Stanley Forecasts | gjepc.org
A Week before it is said in a reasearch that Gold will be around $650/ounce by 2010 by Barclay Capital and Now Morgan Stainly has stated that Gold can go to his previous high of $1000/ounce in 2009-2012.
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Weak Time for Major Player Too.
November 12, 2008
India Likely to Miss Export Target by 20 percent | gjepc.org
India will likely to miss its target in current fiscal. There will be a shortfall of about 20% in the export of luxury goods from India. This shortfall is due to the current economical and financial Crisis around the World.
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Shining Gold in India will Boost Its Economy
September 22, 2008
Indian Jewellery Retail Sector +9.6% to $14.9 Bn in 2007 | www.gjepc.org
The annual compound growth rate of diamond and jewelery business in India is about 14% per annum from 2008 to 2011. This change in retail will give lot of help to Indian Economy to grow.
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Gold Prices will Cost Retailers
August 25, 2008
Gold Price Conspiracy? | seekingalpha.com
Current changes in gold price may hit retailers badly, in many ways.
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August 4, 2008
Gitanjali 1Q Sales, Profits Rise on Strong Jewelry Segment | www.diamonds.net
Gitanjali Gems announces its ist quarter results of 2008-2009. Company shoes some good result in India as well as Outside India.
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Unexpected Ist Quarter Results From Titan
August 4, 2008
Tanishq Jewelry Spurs Strong Growth at Titan Industries in 1Q 2008-09 | www.diamonds.net
Titan Industry announces its first quarter fiscal report of 2008-2009. Tanishq shows unexpected results in the Ist quarter fiscal of 2008-2009.
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July 31, 2008
Tiffany Applauds Congress’ Ban on Burmese Gemstones | www.idexonline.com
This advertisment looks like a marketing tectics and promotion from Tiffany's. US govt. wants to stop all the type of earning sources from Myanmar Govt.
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July 21, 2008
India gold seen above 13,000 this year on financial woes | in.reuters.com
Gold in India on record high of more than Rs.13,500 for per grams. Retail sales are badly affected. India demand for gold has been reduced. Gold is proving to be a good commodity with a safe returns.
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